Russian FTS is surveils crypto market to halt tax evasion

Crypto market has gained mainstream attention from investors globally. As the industry got mainstream, regulators and…

Russian Authorities Are Concerned About Cryptos as Means for Tax Evasion

Daniil Egorov, head of the Russian Federal Taxation Service (FTS), is concerned that cryptocurrencies could be…

Crypto Fraudsters Who Raised $24,000,000 for Fictitious Bitcoin-Mining Facility Face 5 Years in Jail for Tax Evasion

Two founders of a cryptocurrency firm that defrauded investors are facing up to half a decade…

crypto company Bitqyck pleads guilty to tax evasion after raising $24 million from investors

The owners of crypto company Bitqyck have pleaded guilty to tax evasion following a $24 million…

Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison – Bitcoin News

The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors…

While Politicians Worldwide Clamor Over Tax Evasion, Pandora Papers Show Bureaucrats Are the Worst Offenders – Bitcoin News

As bureaucrats across the globe continue to ask the common citizenry for access to every financial…

More data from banks can fight tax evasion

A man walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drago |…

Canada imposes audit to prevent crypto tax evasion

TL;DR Breakdown • The crypto platform Coinsquare is to be audited by the Canada revenue agency.•…

Crypto tax evasion to entail tax penalties in South Africa

Crypto tax evasion is now criminalised in South Africa  Citizens are required to disclose their cryptocurrency…

Shakira Could Face Trial In Spain Over Tax Evasion, Judge Rules

Topline Latin music superstar Shakira could be headed to a courtroom for allegedly not paying her…

South Korea to Seize Funds Held on Crypto Exchanges to Fight Tax Evasion

Arman Shirinyan South Korean financial regulators are going after digital assets that are being held in…

South Korea to amend tax laws for addressing tax evasion by crypto investors

Cryptocurrency investors in South Korea may have to revisit their tax filings to include crypto earnings…

John McAfee charged with cryptocurrency tax evasion has committed suicide

The founder of the popular McAfee antivirus software has been reported dead. According to reports, he…

U.S. President Joe Biden Calls for Stricter Tax Evasion Regulations For Global Crypto Investors

Global cryptocurrency investors active in the U.S. market or on the U.S. exchanges are going to…

US to tighten monitoring of foreign crypto investors in concerns over tax evasion

The US government has recently released its “Greenbook” of revenue proposals in which it has stated…

Cryptocurrency poses a significant risk of tax evasion

R.Tsubin | Moment | Getty Images Crypto tax evasion But just how does cryptocurrency lead to…

Privacy Coins Surge 20% After Australia Cautions Crypto Traders Against Tax Evasion

Privacy coins Monero, ZCash, Horizen and Dash soared by about 22% in the past 24 hours,…

The US Treasury wants to expand crypto reporting to fight offshore tax evasion

On May 28, the Biden administration released its budget proposal for 2022. Alongside the new budget,…

Binance Faces DOJ Probe as Investigators Target Crypto Money Laundering and Tax Evasion – Bitcoin News

Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the…

U.S. Senator Formulating Bill to Eliminate Crypto Tax Evasion

Senator Rob Portman (R-OH) is creating a bipartisan bill aimed at making life harder for crypto…

Biden calls out crypto’s use in sanctions evasion in executive order response to Russian cyberattacks

US President Joe Biden’s White House issued an executive order on Wednesday morning declaring a national…

IRS Commissioner Concerned NFTs May Be Used for Tax Evasion

In brief IRS Commissioner Charles Rettig has raised concerns about whether non-fungible tokens could be used…

IRS is probing the dark web to look for cryptocurrency, NFT tax evasion

24K-Production | iStock Editorial | Getty Images Tax evasion using cryptocurrencies is “replicating” with nonfungible tokens…

IRS misses ‘substantial’ tax evasion by the wealthiest Americans — far more than the average worker

Large pools of wealthy taxpayer money that should line federal government coffers are going undetected in…

South Korea deepens probe on tax evasion via cryptocurrencies

The National Tax Service of South Korea is increasing its efforts to combat tax evasion and…

IRS falls short policing the wealthy for tax evasion, watchdog claims

The Internal Revenue Service headquarters in Washington, D.C. Samuel Corum/Bloomberg via Getty Images The IRS should…

IRS primes ‘Operation Hidden Treasure’ to ‘root out’ crypto tax evasion

In a report originally published by Forbes, it was revealed that Damon Rowe, the Director of…

Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With Cryptocurrencies – Regulation Bitcoin News

The State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies,…

DOJ Charge Oyster Protocol Founder With Tax Evasion

Several crypto project developers have faced the long arm of the law in 2020 as indictments…

Oyster Pearl Creator Arrested And Charged With Two Counts Of Tax Evasion

The US Department of Justice announced that the founder of the Oyster Pearl cryptocurrency project, Amir…